More ministries, departments and agencies (MDAs) have refused to submit their accounts for review since President Muhammadu Buhari assumed office, an official report shows.
The poor compliance of MDAs to Nigerian laws on submission of accounts is worse in each of Mr Buhari’s first two years in office than any previous year since Nigeria returned to democracy from military dictatorship in 1999.
According to the Auditor-General of the Federation, 324 MDAs failed to submit their accounts for audit in 2016, while 215 MDAs failed to submit in 2015. In each of the 22 previous years before that, the highest number of non-submissions was 148, in 2014.
Although he did not list the defaulting agencies in 2016, the Auditor-General, Anthony Ayine, worried about the situation, stated in the 2016 audit report that “The extensive violation of statutory financial reporting obligations by Parastatals is of great concern.”
Mr Ayine’s remarks were contained in the recently released annual report of the Auditor-General for the Federation on the accounts of the Federation of Nigeria for the year ended December 2016.